Ethereal DEX Review: What to Know Before Trading
Ethereal is a USDe-based spot and perpetuals DEX on Ethereal. Fees, audit details and practical trading requirements aren’t clear enough to recommend depositing yet.
By the SkyBitcoins review team · Updated
At a glance
Ethereal DEX key facts
| Type | Spot and perpetuals DEX |
|---|---|
| Network | Ethereal |
| Collateral | USDe |
| Audits | Two listed; details are unclear |
| Token | USDe |
| Value locked | $0−100% 7d |
| Updated |
Ethereal DEX FAQs
What is Ethereal DEX?
Ethereal is described as a decentralized exchange for spot trading and perpetual contracts, using USDe as its primary collateral. It is built on the Ethereal network.
What fees does Ethereal charge?
Ethereal’s trading fees and other costs are not published in the information available. Check the current order screen and terms before placing a trade; perpetuals can also involve funding payments and liquidation risk.
Is Ethereal DEX safe?
Two audits are listed, but their names, scope and findings are not specified. Ethereal describes itself as non-custodial, but that alone does not establish the safety of its contracts or trading system.
Compare
Ethereal DEX alternatives
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gTrade offers wallet-based perpetuals across crypto and traditional markets, but high leverage and incomplete fee details call for caution.
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How we checked
Sources
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